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gbp-usd-062118.jpg The dollar is losing ground against all of its major rivals Thursday afternoon, but it losses are more pronounced against the British pound. The pound rallied after today's policy statement from the Bank of England. Bank of England's rate-setting body witnessed a growing divide at the June meeting,...

leadingindicatorindex-062118.jpg With improvements in a majority of components partly offset by declines in leading indicators of labor markets and residential construction, the Conference Board released a report on Thursday showing a smaller than expected increase by its index of leading U.S. economic indicators in the month of May.

cryptos-june21.jpg Bitcoin and its peers are modestly in the red Thursday morning, following a rebound Wednesday evening from a crash caused by the news of a hack at a leading cryptocurrency exchange in South Korea. Overall cryptocurrency market capitalization was at $287.58 billion as of 9.44 am ET on Thursday on CoinMarketCap.

philadelphia-fed-062118.jpg A report released by the Federal Reserve Bank of Philadelphia on Thursday showed a much bigger than expected slowdown in the pace of growth in regional manufacturing activity in the month of June. The Philly Fed said its index for current general activity slumped to 19.9 in June from 34.4 in May.

jobless-claims-062118.jpg First-time claims for U.S. unemployment benefits edged lower in the week ended June 16th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 218,000, a decrease of 3,000 from the previous week's revised level of 221,000.

gbp-usd-june21.jpg The pound gained ground against its key counterparts in the European session on Thursday, after the Bank of England's Monetary Policy Committee voted 6-3 to keep rates unchanged, boosting hopes for a rate hike later this year. The BoE left its key interest rate at 0.5 percent, as expected. The...

bankofengland-june21.jpg Bank of England's rate-setting body witnessed a growing divide at the June meeting, after its chief economist Andrew Haldane joined the hawks seeking an interest rate hike. Policymakers also set out new guidance on when to consider reducing the quantitative easing programme. Six members of the Monetary Policy Committee including Governor Mark Carney voted to maintain the benchmark rate.

blockchain2-june21.jpg Nasdaq, the leading market services provider, and three clearing services companies in Europe - ABN Amro Clearing, EuroCCP and Euroclear - successfully tested a blockchain solution that settled margin calls within minutes. A statement said they completed a joint proof of concept to make the use of securities more efficient when used to cover margin calls using blockchain.

swiss-june21.jpg The Swiss National Bank maintained its negative interest rates while repeating its concerns about a "highly valued" currency, and cited risks from political uncertainty in Italy. The central bank also upgraded its short-term inflation outlook on rising oil prices. The interest rate on sight deposits at the SNB was retained at -0.75 percent.

eur-chf-june21.jpg The Swiss franc advanced against its major counterparts in early European deals on Thursday, after the Swiss National Bank kept its monetary policy on hold and reiterated that it will remain active in the foreign exchange market when necessary. The decision was in line with expectations. The interest...

europeaneconomics-june21.jpg Interest rate announcements from the Bank of England and Swiss National Bank are due on Thursday, headlining a busy day for the European economic news. At 2.45 am ET, France's statistical office Insee publishes manufacturing sentiment survey data. The confidence index is seen falling to 108 in June from 109 in May.

newzealandcpi-071510.jpg New Zealand's gross domestic product expanded 0.5 percent on quarter in the first three months of 2018, Statistics New Zealand said on Thursday. That was in line with expectations and down from 0.6 percent in the three month prior. "The service industries continue to show growth, led by business...

The dollar is turning in a mixed performance against its major rivals Wednesday, but remains little changed overall. Economic data was rather scarce mid-week, but traders can look forward to the release of weekly jobless claims, the Philly Fed index and the leading economic index on Thursday. Concerns...

homesales-030411_20jun18.jpg Existing home sales in the U.S. unexpectedly decreased in the month of May, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales fell by 0.4 percent to an annual rate of 5.43 million in May.

cryptos-june20.jpg Cryptocurrencies are deep in red Wednesday morning after market sentiment was hurt by the news that the South Korean crypto exchange Bithumb announced that over $30 million worth of coins were stolen in a hacking incident. Overall cryptocurrency market cap was $286.47 billion at around 9.34 am ET on CoinMarketCap.

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